Argentina is forecasted to plant the smallest wheat crop on record because of drought and export restrictions, according to the Buenos Aires Cereals Exchange. Planting will fall as low as 3.7 million hectares this fall that would be the smallest since the Exchange began recording such data in 1910.
The intense six month drought suffered by Uruguay this summer cost the farming sector an estimated 868 million US dollars and the loss of 12.800 jobs according to a report from the country’s main farmers’ organization. The loss breaks down to 75% livestock; 11% agriculture; 11% dairy farming and 3% citrus plantations.
Paraguay’s cattle rodeo increased 38.5% in the last 17 years according to the latest agriculture census. Even when the number of farms dropped 16.5% between 1991 and 2008, the number of head of cattle jumped from 7.626.617 to 10.561.894
Brazil became in 2008 the world's top consumer of agriculture pesticides (ahead of the US), and continues to use a range of dangerous pesticides banned in other countries, according to a study released Friday.
Germany is to ban the cultivation of genetically modified (GM) maize - the only GM crop widely grown in Europe. The decision, announced on Tuesday by German Agriculture Minister Ilse Aigner, is a blow to the US biotech firm Monsanto, which markets the maize.
The United States Department of Agriculture (USDA) downgraded significantly Argentina’s 2008/09 soy bean crop estimates. Only a month ago the volume forecasted was 43 million tons, but the latest was brought down to 39 million tons.
If forecasts are confirmed the 70 million tons of the 2008/09 Argentine harvest would represent 2.9% of the world’s grain production when in previous crops it had reached 4.2%. Brazil in the meantime will have reached 5.5% of world production. Only a few years ago the difference was minimal with Brazil almost 4% and Argentina above 3%.
Argentina farmland dedicated to wheat is forecasted to fall to a minimum, with a crop barely sufficient for the domestic market and no surplus to export to its main market Brazil, according to Santiago Cameron president of the country’s Wheat farmers association.
Argentina’s soybean crop is estimated to drop ten million tons this year with exports totalling 37 to 39 million, which means the country will receive 3.5 billion US dollars less and the administration of President Cristina Fernandez de Kirchner will see revenues contract by 1.2 billion US dollars.
Farm equipment manufacturer Case IH chose Uruguay and its local distributor Corporación Global, for the Latinamerican launching of one of its largest and most state of the art combine, the Axial-Flow 8120.